Intermediate Credit Risk Analyst credit fulfillment support Corporate Credit and Capital Markets

Position: Intermediate Credit Risk Analyst to provide credit fulfillment support within Corporate Credit and Capital Markets-

Intermediate Credit Risk Analyst to provide credit fulfillment support within Corporate Credit and Capital Markets

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Duration: 12 months

Work Location:

Downtown Toronto – Remote/Hybrid - 1 day per month in office - Team decides on day

Work Schedule:

37.5 Hours/week, 9-5 Monday to Friday

Hourly Rate: 28-36/Hour

Line of Business:

Capital Markets/Wealth Management Operations

Job Description

The Intermediate Credit Risk Analyst is responsible for providing efficient operational support while maintaining compliance with internal controls and procedures within the functional area. The role applies comprehensive technical and system knowledge to act as a point of escalation and provide timely resolution to complex issues. The Intermediate Credit Risk Analyst exercises independent judgement in determining feasible solutions for clients, handling situations that require further analysis and investigation.

The role leads the implementation of process improvement initiatives, seeking opportunities to streamline existing processes and procedures. Working with limited direction, the role provides training and coaching to others in the department to increase overall knowledge, expertise and productivity.

What You’ll Be Doing

Credit Processing Services provides compliance and credit fulfillment support to Corporate Credit and Capital Markets. As the Intermediate Credit Risk Analyst you will be accountable for providing specialized service for credit-related products to an industry specific portfolio within Corporate Credit and Capital Markets. You will be responsible for all aspects of administration and monitoring of established credit facilities and maintain independent responsibility for the input, monitoring and escalation of risk elements on complex credit portfolios with minimal supervision.

How You’ll Succeed

• Service Delivery Reliability - Liaise and interact with Clients and Business Partners. Respond to inquiries and requests providing professional high quality of customer service for the assigned portfolio. Monitor ongoing risks associated with accounts through systems and reports for all credit facilities to process transactions, margins and perform detailed analysis of financial statements and related documents to ensure accuracy of data

• Compliance and Production Support - Review complex loan documentation to ensure compliance with authorized credit and due diligence to escalate errors/omissions for correction prior to closing, and conditions precedent are met prior to closing and funding for new/amended credit facilities. Act independently of the business to ensure ongoing compliance of the terms and conditions of the authorized credit and exercise delegated authority to make decisions as required.

Ensure compliance to internal controls and procedures with full authority to escalate to Senior Business Partners and/or Risk Management as appropriate to maintain integrity of CIBC's position and timely resolution of issues.

• Relationship Management - Manage relationships with CIBC Business Partners on all credit-related activities to ensure accounts operate within terms and conditions of the authorized credit. Act as a consultant to the business for deal structure and presentation to ensure customer satisfaction. Manage the credit fulfillment function by providing specialized operational and administrative expertise.

Must Have Requirements:

• 3 years of experience in banking
• Experience in corporate banking environments
• Back-office support experience

Nice to Have:

• Experience supporting Capital Markets
• Degree/diploma in Business, Accounting or Finance

Interview Process:

Virtual

1 round of interviews, with possibility of 2nd round if needed